Credit BalanceThe Tool for drawing out an investment potential and increasing liquidity.
Credit Balance or Margin acts as a lending service for asset traders by depositing cash or asset to the brokers before starting trading.
Credit Balance or Margin acts as a lending service for asset traders by depositing cash or asset to the brokers before starting trading.
- Hassle-Free No more insufficient cash or limited
financial amount and trade instantly
without contacting the banks. - Expand investment potential Deposit to enhance your investment
potential and liquidity. Interest charge
only when use exceed the deposit. - Overview investment portfolioUnderstand overall securities in the
portfolio, such as balance, assets, deposit,
debt, to determine your investment status.
Marginable Stock List
Interest Charges on Margin Financing in CB AccountInterest will be calculated at the specified rate based on your outstanding account balance at the end of each trading day. Your account will be reconciled at the end of each month to see if you earn interest on the cash balance or are required to pay interest charges. The account statement will be sent to you on a monthly basis to keep you informed of your investment.
- Credit Balance: You will earn an interest
on outstanding cash balance in your account. - Debit Balance: You are required to
pay interest charges on margin loans.
Calculation
Open Credit balance account with Phillip.
Think Investment, Talk to PhillipHave more questions? We’re here to help.
- Line Official@PhillipCapital
- Call Us02 153 9222
- Request Contact - Our expert will contact you
or
Opening account with Phillip.
Open AccountFAQs
- What are the qualifications to open a Credit Balance account?
- Is an open credit account with Phillip Securities available for the TSFC account owner?
- Is an open credit account available for the existing Phillip Securities prepaid and cash account owner?
- Does depositing money onto a credit balance earn interest?
- What is the expense of using margin (borrowing)?